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the only reason their taxes would have gone up is because president obama and harry reid were pushing to raise taxes. >> accept in the real world, the only reason their taxes would have gone up is because you would have voted to see their taxes going up. >> at the end of the day, i think we need to be solving these problems. and jacking >>> happening now. controversy and health crises that mark hillary clinton's final days as the secretary of state. we have new information about some critical presidential cabinet posts coming up. also, sources are telling me, telling cnn, i should say, when we might be hearing an announcement. and we'll have much more on a regular army, disturbing new details emerging about iran's intelligence service. >>> just out of the hospital, already working. the state department says hillary clinton dialed into a conference call today, and she could be back on the job, full-time, as early as next week, following a series of health crises that have overshadowed her final days as the secretary of state. kate is here. she's been taking a closer look at what lies a
the only reason their taxes would have gone up is because president obama and harry reid were pushing to raise taxes. >> accept in the real world, the only reason their taxes would have gone up is because you would have voted to see their taxes going up. >> at the end of the day, i think we need to be solving these problems. and jacking >>> happening now. controversy and health crises that mark hillary clinton's final days as the secretary of state. we have new information...
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. >> stephanie: i'm sorry, harry reid is not available right now. he is betty [ censor bleep ] off. >> mrs. reid is very happy. [ laughter ] >> stephanie: all right. fifty-eight minutes after the hour. david shuster is next on the "stephanie miller show." ♪ [♪ theme music ♪] >> stephanie: hello current tv land. david shuster, the most interesting man in the world coming up in just a moment. oh, jacki schechner. >> yes? >> stephanie: it's like our first prom. the new congress convenes in less than an hour. >> do they get corsages and -- >> stephanie: oh my god. i forgot to buy wrist corsages. >> but you do have that goofy pink dress right? >> stephanie: my was powder blue as i recall. >> i designed my own prom dress. it was epic. >> we need a picture. >> stephanie: that was the day my mom gave me a home perm and i remember my boyfriend just said oh it's so big! >> i don't think my boyfriend liked my prom haircut either at the time. if i remember correctly. >> stephanie: all right. mrs. schechner send a picture. >> oh, stop it. good morning secr
. >> stephanie: i'm sorry, harry reid is not available right now. he is betty [ censor bleep ] off. >> mrs. reid is very happy. [ laughter ] >> stephanie: all right. fifty-eight minutes after the hour. david shuster is next on the "stephanie miller show." ♪ [♪ theme music ♪] >> stephanie: hello current tv land. david shuster, the most interesting man in the world coming up in just a moment. oh, jacki schechner. >> yes? >> stephanie: it's like...
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we looked at harry reid, mitch mcconnell, john boehner, et al, and roll call now freeline. >> on mondays i'm going to start writing a column, moving away from my editing duties and putting on my writing hat again. >> there's a great piece in "national journal," why rubio voted for this deal. >> the most important divide until we create a new one. that's it for this edition of "the daily rundown." tomorrow on the show, it's jobs day. we'll have the breaking news on the december unemployment report. coming up next, chris jansing. bye-bye. self. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare.
we looked at harry reid, mitch mcconnell, john boehner, et al, and roll call now freeline. >> on mondays i'm going to start writing a column, moving away from my editing duties and putting on my writing hat again. >> there's a great piece in "national journal," why rubio voted for this deal. >> the most important divide until we create a new one. that's it for this edition of "the daily rundown." tomorrow on the show, it's jobs day. we'll have the breaking...
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we now know how harry reid keeps the fire burning in the fireplace in his capitol hill office with legislative proposals as fuel. politico reports the majority leader threw one stack of fiscal cliff concessions that he got from the president last weekend right into his fireplace and watched them burn. he actually tends to do this a lot instead of using a shredder or a recycling. doesn't necessarily mean he didn't like he was reading. more of a way of stoking the fire. >> if he didn't like what he was reading, he certainly gets a lot of enjoyment out of doing that. >> bill: i think the displeasure had something to do with it. >> out in hollywood justin bieber getting a little political yesterday after a paparazzi photographer died trying to snap a photo of him while standing in traffic after following his car which he wasn't even driving at the time. the pop star calling on lawmakers to bring up meaningful legislation to protect the lives and safety of celebrities cops, innocent public bystanders and the photographers but bieber did not mention any specifics as to what he thinks should be done.
we now know how harry reid keeps the fire burning in the fireplace in his capitol hill office with legislative proposals as fuel. politico reports the majority leader threw one stack of fiscal cliff concessions that he got from the president last weekend right into his fireplace and watched them burn. he actually tends to do this a lot instead of using a shredder or a recycling. doesn't necessarily mean he didn't like he was reading. more of a way of stoking the fire. >> if he didn't like...
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senator harry reid singlehandedly stops it. >> that's right, he violates the 1974 law. we end up passing -- we didn't just propose a budget we passed a putting sent it to the senate and goes nowhere and then we beam it, we begin acting as if we passed the budget. >> it's a froth. >> the best we can do under the law. >> and like the american people get a little bit, i would think a little disenchanted with all of these games are played. >> one body is doing what they're suppose today do. not all the time, but in the case of the budget paul ryan did what he was suppose today do. you saw the commercial that came out of his saying, this is what it will take to reduce the deficit, not to eliminate it, to reduce it and that's what the president campaigned against. >> actually the the president and party could call senator harry reid and say stop doing this. and-- >> going to get the pork out of the stimulus and didn't. >> complicit in this whole business. so we're going to have this discussion and the republicans say that senator-- or senator mcconnell had an op-ed tonight sa
senator harry reid singlehandedly stops it. >> that's right, he violates the 1974 law. we end up passing -- we didn't just propose a budget we passed a putting sent it to the senate and goes nowhere and then we beam it, we begin acting as if we passed the budget. >> it's a froth. >> the best we can do under the law. >> and like the american people get a little bit, i would think a little disenchanted with all of these games are played. >> one body is doing what...
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harry reid called john boehner a dictator. >>> the last minute deal in congress also should keep the price of milk from soring. they were faced with a milk cliff that could have doubled the price. a lot that allows the government to buy the products at market cost was about to expire. as part of the deal congress passed a temporary extension. >>> president obama returned to his vacation. he returned to hawaii today after going to washington, d.c. because of the fiscal cliff stand off with congress. michelle obama and their two daughters have been in hawaii since december 21. they are staying near honolulu where they are enjoying golf and work outs. >>> and just when you thought we were done with the fiscal cliff it is not over. coming up, the next decision lawmakers will have to tackle. >>> a couple exciting days for this congressman. he got the keys to his new office ahead of his swearing in ceremony tomorrow. he represents the 15th congressional district. he was the district attorney. >> i have known that area since i was a boy. the people want someone who will roll up their sleeve
harry reid called john boehner a dictator. >>> the last minute deal in congress also should keep the price of milk from soring. they were faced with a milk cliff that could have doubled the price. a lot that allows the government to buy the products at market cost was about to expire. as part of the deal congress passed a temporary extension. >>> president obama returned to his vacation. he returned to hawaii today after going to washington, d.c. because of the fiscal cliff...
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political reports that on friday, he walked up to senator harry reid, just steps away from the oval office and unleashed an obscenity. reid asked him what it was all about and boehner said it again. the gop is falling apart. but we can't let that crack up hurt the country. joining me now is congress won january shakowski and mi mia malikah henderson. happy new year to both of you. >> congresswoman, how can democrats deal with the republican party that's in such disarray? >> well, i actually liked what happened last night. that is john boehner said he didn't need to follow the rule of having the majority of the majority party. but, actually, did let the house work its will. and a majority of democrats, all but 16, and 8 a rep5 republican able to move the country forward. i'm hoping that that will be a pattern and, actually, that will remain. now, whether or not the leadership is going to be able to stay as it is or there's going to be this internal battling. but, honestly, what we have among so many of the republicans and in the house of representatives and now, even pat thume in the senate
political reports that on friday, he walked up to senator harry reid, just steps away from the oval office and unleashed an obscenity. reid asked him what it was all about and boehner said it again. the gop is falling apart. but we can't let that crack up hurt the country. joining me now is congress won january shakowski and mi mia malikah henderson. happy new year to both of you. >> congresswoman, how can democrats deal with the republican party that's in such disarray? >> well, i...
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harry reid will likely keep his job. boehner is a bore for being blunt and telling the other guy to his face, but reid is an angel for being phony. and referring to rip the other guy only behind his back. this isn't about a speaker losing it. this little exchange is more about a phony decorum that tries to hide it. what is weird is both like boehner an cantor are called fiscal stiffs on the cover of the "new york daily news" for having serious issues with a rescue bill for sandy victims because it wasn't going to just sandy victims. but democrats happy to sign a $60 billion blank check are saints, saying they are happy to tap it to repair smithsonian museum roof and plant trees in ohio. untold millions for items with nothing to do with sandy. not exactly dancing. it's a wonder boehner didn't curse more. more of a wonder why the media didn't wish he did. that is not fair and not right. it's wrong. would it kill us to get the other side of the story? would we ever try?
harry reid will likely keep his job. boehner is a bore for being blunt and telling the other guy to his face, but reid is an angel for being phony. and referring to rip the other guy only behind his back. this isn't about a speaker losing it. this little exchange is more about a phony decorum that tries to hide it. what is weird is both like boehner an cantor are called fiscal stiffs on the cover of the "new york daily news" for having serious issues with a rescue bill for sandy...
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of some of the tension on friday at the white house fox news confirmed house speaker boehner tolded harry reid to go bleep himself twice after he accused him running the house of representatives like a dictatorship and was more concerned about the job rather than a deal. now the house conservatives say it is time to cut the spending. >> i am a house conservatives that is just that. you people that are kicking the can, give me the can. what we are going to do is draw a line in the sand and demand you don't bring anything forward unless you have the spending cuts. >> she talked of delaying the tough decisions and we expect the spending fights to take soon into the new congress. >>gregg: the profanity is escalating. just like the rest of us, aren't they? >> now we have assistant managing editor of the "wall street journal" which is our parent company-owned. the nonpartisan c.b.o. says this deal actually increases spending by $330 billion and adds almost $4 trillion to the deficit. does that suggest there is an utter lack of seriousness in solving the nation's fiscal problems? >>guest: there
of some of the tension on friday at the white house fox news confirmed house speaker boehner tolded harry reid to go bleep himself twice after he accused him running the house of representatives like a dictatorship and was more concerned about the job rather than a deal. now the house conservatives say it is time to cut the spending. >> i am a house conservatives that is just that. you people that are kicking the can, give me the can. what we are going to do is draw a line in the sand and...
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that is when a new congress convenes and senate majority leader harry reid today is chastising the republican-controlled house for putting off the vote, even if it is just for a few days. here is what he said. >> there are tens of thousands of people, tens of thousands of people in new york, tens of thousands of people in new jersey, and other parts of the northeast, who have had their lives turned upside down. now, i am dismayed and really saddened that the house of representatives walked away last night, didn't even touch this after we spent so much time here on the floor doing something to help the beleaguered part of our country. >> and a joint statement about the sandy bill. it reads in part, this continued inaction and indifference by the house of representatives is inexcusable. when american citizens are in need, we come to their aid. the people of our states can no longer afford to wait while politicians in washington play games. and we have also learned that president obama has now reached out directly to governor christie of new jersey on the issue. we're also going to hear from the governor o
that is when a new congress convenes and senate majority leader harry reid today is chastising the republican-controlled house for putting off the vote, even if it is just for a few days. here is what he said. >> there are tens of thousands of people, tens of thousands of people in new york, tens of thousands of people in new jersey, and other parts of the northeast, who have had their lives turned upside down. now, i am dismayed and really saddened that the house of representatives...
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harry reid said back to boehner. what are you talking about. boehner repeated verbatim, go f yourself. this is indication of the poison atmosphere up here. when the sequestration runs out next few months and congress must vote to increase the debt ceiling. it appears speaker boehner is fwirding for a fight on both fronts in a statement that he issued last night. he said in part, quote, now the focus turns to spending. the american people reelected a republican majority in the house and we will use it in 2013 to hold the president accountable for the quote, balanced approach he promised. meaning significant spending cuts and reforms to entitlement programs that are driving our country deeper and deeper into debt. the president last night indicate he is open to come promy to spending cuts but drew a line when it comes to the debt ceiling. here's the president. >> now, one last point i want to make. while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they hav
harry reid said back to boehner. what are you talking about. boehner repeated verbatim, go f yourself. this is indication of the poison atmosphere up here. when the sequestration runs out next few months and congress must vote to increase the debt ceiling. it appears speaker boehner is fwirding for a fight on both fronts in a statement that he issued last night. he said in part, quote, now the focus turns to spending. the american people reelected a republican majority in the house and we will...
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address something politico is reporting this morning that last week on friday john boehner walked past harry reid and said, pardon me, "go f yourself" and then repeated it and bragged about it, according to political sources. first of all, have you heard about this? and if this is the level of animosity, what hope is there a couple months down the road when these issues come up? >> i don't know if he said that and i don't know if he did say it whether or not that represents in some way the level of animosity. unfortunately in these kinds of situations, often times people do say things and they say them in ways that others may seem unacceptable and this goes on whether or not it's in the capital, in the newsroom, on plathe playground. it just happens to be the way that sometimes americans express themselves. i don't know that he did that way. >> congresswoman maxine waters, it is good to you have on the program. thank you very much. >> you're certainly welcome. >> while the house approved this deal, there was no deal to send aid to the victims of hurricane sandy. let me play for you what repu
address something politico is reporting this morning that last week on friday john boehner walked past harry reid and said, pardon me, "go f yourself" and then repeated it and bragged about it, according to political sources. first of all, have you heard about this? and if this is the level of animosity, what hope is there a couple months down the road when these issues come up? >> i don't know if he said that and i don't know if he did say it whether or not that represents in...
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go ahead. >> the reason we took this to the edge is because harry reid can't pass a budget out of the senate. if washington was working fine, the budgets would pass in april lake they do every year, we would spend the next six months discussing it and be on the floor in november in a conference report and these situations would be avoided. >> to brad's point, i would not let it go -- it's like a debate. i think you get a minute here to respond. but john boehner has taken the lion's share of blame for plan "b", was harry reid, at the end of the day, the deal came to be mcconnell and biden cut the deal. what was reid's role? did he play the role he should have played? >> i think he played the role. i think the role is, we need to get a deal. we need to save middle class families from having their taxes go up. whether you're at the forefront or you're huddled back with your troops, making sure you've got the votes, i think he gets that credit. >> i will say, an 89-8 vote in the senate, they almost never vote that overwhelmingly. brad mentioned this, i want to play something. brad said he
go ahead. >> the reason we took this to the edge is because harry reid can't pass a budget out of the senate. if washington was working fine, the budgets would pass in april lake they do every year, we would spend the next six months discussing it and be on the floor in november in a conference report and these situations would be avoided. >> to brad's point, i would not let it go -- it's like a debate. i think you get a minute here to respond. but john boehner has taken the lion's...
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reid to go f himself on friday after reid said that boehner was treating the house like a dictatorship. the white house and the senate did come to a deal and then the house voted on it late last night. they passed with 257 votes. leadership on the republican side was split however. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted no. ryan would be only one of the three that voted yes. the plan means the bush tax cuts will continue for those making under $400,000 a year and couples making less than $450,000 a year. the tax rates will go back up for those making more. the automatic spending cuts that were set to kick in today are delayed for two months. the deal with extend unemployment insurance for some two million people for a year. the estate tax goes back up to 40%. also tax credits will continue for child care, tuition and research and development. on the flip side, the payroll tax rate will go back up to more than 6%.
reid to go f himself on friday after reid said that boehner was treating the house like a dictatorship. the white house and the senate did come to a deal and then the house voted on it late last night. they passed with 257 votes. leadership on the republican side was split however. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted...
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all that was on harry reid's desk. this was a crisis of harry reid's making. it was because of the inaction in the senate that we found ourselves here on new year's eve and new year's day taking these actions, so the house is saying no more. >> one last question. >> we are not going to put up with this. >> one more question on the raw polit politics. recent tradition, the hastert rule. the speaker wouldn't take something to the floor unless it had majority. this bill did not. a majority of house republicans voted against this bill. awfully perilous for a house speaker. you told us you didn't think speaker boehner was in jeopardy. has that position changed? is he in a worse position than he was yesterday? >> no, i think people appreciated the fact that he allowed the house to work is will and allowed members to vote. we're all elected by the 660,000 people in our district. overwhelmingly. people have said, all right, you are to get the spending under control. you are to put this nation back on the pathway to fiscal health. and that's why so many members of the
all that was on harry reid's desk. this was a crisis of harry reid's making. it was because of the inaction in the senate that we found ourselves here on new year's eve and new year's day taking these actions, so the house is saying no more. >> one last question. >> we are not going to put up with this. >> one more question on the raw polit politics. recent tradition, the hastert rule. the speaker wouldn't take something to the floor unless it had majority. this bill did not....
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harry reid and john boehner met, and john boehner greeted harry reid by saying -- he went full cheney -- he said go f yourself. harry reid responded what are you talking about? and boehner repeated go f yourself. >> bill: republicans said that in the white house? >> in the white house. >> bill: george bush would not have been happy with that. he maintained a stricter level of decor um around the oval office. is it worth it? yeah, probably. i would have voted for it. it doesn't give us everything we wanted. crazy -- insane to define middle class americans as anybody making under $400,000 a year. the bad news is this is only going to give us temporary relief. we'll be back into in another month, in another two months, maybe two different battles coming up, and that means this gang of republican hoods in the house of representatives will still be able to muck up the mess. i don't know if it is possible for congress to get a zero approval rating but they are well on their way. it was 9 to 10% before this. >> yeah, who thinks they did a good job with this? >> bill: yeah that republicans in
harry reid and john boehner met, and john boehner greeted harry reid by saying -- he went full cheney -- he said go f yourself. harry reid responded what are you talking about? and boehner repeated go f yourself. >> bill: republicans said that in the white house? >> in the white house. >> bill: george bush would not have been happy with that. he maintained a stricter level of decor um around the oval office. is it worth it? yeah, probably. i would have voted for it. it doesn't...
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the speaker showed leadership in a time in which harry reid went home and went to bed and left it to the vice president. at least speaker boehner was always straight, honest with us and allowed the regular process to occur, gave us all the opportunities. i don't think last night is going to go down in history as anything other than an opportunity missed. >> juliet: i just have to throw one more thing in there about sandy and what happened last night. there are a lot of people from both sides of the aisle that disagree on what happened there. your colleagues, peter king, for instance, michael grim, are very upset with that. they're on the floor last night absolutely appalled by what happened. what do you have to say to people who live in this area who cannot go back who have lost everything, who don't understand the finer points of these bills and what happened there, except they understand that they're not going to be getting any money any time soon? >> i think i'll say to you as a new yorker, obviously a concerned new yorker, your two senators packed this with pork, had the opportun
the speaker showed leadership in a time in which harry reid went home and went to bed and left it to the vice president. at least speaker boehner was always straight, honest with us and allowed the regular process to occur, gave us all the opportunities. i don't think last night is going to go down in history as anything other than an opportunity missed. >> juliet: i just have to throw one more thing in there about sandy and what happened last night. there are a lot of people from both...
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harry reid wasn't thrilled that biden swooped in at the last minute. he felt they had max rum leverage and should force republicans to take a vote on raising taxes on people that make over $250,000, instead of the $450,000 limit we saw on the deal. >> a lot being made on the fact that they basically reset the line for rich at $450,000 in america, and the president said it was $250,000. median income in america, $55,000. you think about what a big gap that is. business insider railing, saying that rich people got off pretty easily in this deal. interesting argument about who won, who lost. >> and the television of rich, right? that's the big debate. >> yeah, this really is. >>> nine minutes past the hour here. new york area lawmakers up in arms after the house failed to vote on funding for victims of superstorm sandy. republican leaders wrapped up without acting. >> the leadership walked away without saying they didn't have time to deal with the millions whose lives were affected. maybe you should remind americans that maybe they should call and ask the
harry reid wasn't thrilled that biden swooped in at the last minute. he felt they had max rum leverage and should force republicans to take a vote on raising taxes on people that make over $250,000, instead of the $450,000 limit we saw on the deal. >> a lot being made on the fact that they basically reset the line for rich at $450,000 in america, and the president said it was $250,000. median income in america, $55,000. you think about what a big gap that is. business insider railing,...
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reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to
reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they...
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reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to
reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they...
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reid, speaker boehner, nancy pelosi and mitch mcconnell. everybody worked very hard on this, and i appreciate it. joe, once again, i want to thank you for your great work. under this law, 90% of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research that they do, and then spends they make, and a clean energy jobs they create. the americans out of work but out there looking, pounding the pavement every day, are going to continue to receive unemployment benefits as long as they are actively looking for a job. but, i think we all recognize that this law is just one step in the broader effort to strengthen our economy and brought an opportunity for everybody. the fact is, the deficit is still too high. and we are still investing too little in the things that we need for the economy to grow as fast as it should. that's why speaker boehner and i originall
reid, speaker boehner, nancy pelosi and mitch mcconnell. everybody worked very hard on this, and i appreciate it. joe, once again, i want to thank you for your great work. under this law, 90% of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research that they do, and then spends they make, and a clean...
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reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to
reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they...
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reid, speaker boehner, nancy pelosi, and mitch mcconnell. everybody worked hard on this, and i appreciate it. i want to thank you for your hard work. under this law, 98% of americans and 97% of small businesses will not see income taxes go up. millions of families will receive tax credits. companies will continue to receive tax credits for the research they do and a clean energy jobs they create. 2 million americans who were out of work cut out there on the pavement every day are going to continue to receive unemployment benefits as long as they are actively looking for a job, but i think we recognize this is one step in the broader effort to strengthen our economy and brought an opportunity for everybody. the fact is the deficit is still too high, and we are still investing too little in the things that we need for the economy to grow as fast as it should. that is why speaker dinner and i originally tried to negotiate a larger agreed -- speaker boehner and i originally tried to negotiate a larger deal while providing investments in areas li
reid, speaker boehner, nancy pelosi, and mitch mcconnell. everybody worked hard on this, and i appreciate it. i want to thank you for your hard work. under this law, 98% of americans and 97% of small businesses will not see income taxes go up. millions of families will receive tax credits. companies will continue to receive tax credits for the research they do and a clean energy jobs they create. 2 million americans who were out of work cut out there on the pavement every day are going to...
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yesterday who would have thought that after senator mcconnell, harry reid, 40 republican senators, 89 senators come to an agreement with the president of the united states and the vice president of the united states that this would still be up for grabs? the conventional wisdom was we could get this done fairly simply and quickly. but you have this extremism among the house republicans. they will invent any excuse they can find to get to no. we would like to get to yes. and i hope we can do that this evening. >> now, after this fight is over on the fiscal cliff, what opinions should americans have of congress? >> well, they should have low opinions of congress. western sent here to get things done. we were sent here to state our disagreements and move on. americans have every right to be frustrated with the house republican caucus that has been about obstruction, refused to compromise. that won't even take yes for an answer when we give them what they want. they have every right to be frustrated with a congress here. >> thank you so much. steve israel, thank you. we'll have the latest
yesterday who would have thought that after senator mcconnell, harry reid, 40 republican senators, 89 senators come to an agreement with the president of the united states and the vice president of the united states that this would still be up for grabs? the conventional wisdom was we could get this done fairly simply and quickly. but you have this extremism among the house republicans. they will invent any excuse they can find to get to no. we would like to get to yes. and i hope we can do...
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it's a demonstration of the bad faith that this president and harry reid and the gang over there have negotiated in. >> you had me until you blamed everything on the democrats. there's no republicans responsible for any of this? >> one more time. if you were going to engage in the rhetoric of the balanced approach and the final piece of legislation that marches over to the house spends more money -- >> right. >> -- how is that even close? >> fair enough. it's now the 11th hour was last night. it's now beyond the 11th hour. what's going to happen tonight? is this bill to attempt to amend the senate plan going to work or are you going to have an up and down vote and if you are going to have an up and down vote, you're not voting for it, right? >> at this point i have no idea where the whip count is on trying to change some of the mechanics within the sequestration so they actually have better longer term cost savings, which -- but with that, it's also the bill will move forward. i am going to vote no. i am absolutely going to vote no. part of this actually breaks my heart because i was
it's a demonstration of the bad faith that this president and harry reid and the gang over there have negotiated in. >> you had me until you blamed everything on the democrats. there's no republicans responsible for any of this? >> one more time. if you were going to engage in the rhetoric of the balanced approach and the final piece of legislation that marches over to the house spends more money -- >> right. >> -- how is that even close? >> fair enough. it's now...
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>> bret: we are just getting word that the senate majority leader harry reid adjourned the senate until noon tomorrow. what are the republicans saying about the possibility of amending the bill and what it means for the future of it if they choose to come out of the meeting and put the spending cuts in the bill. what are they saying about what it means? >> david dryer head of the house rules committee expressed concern about time being a factor. he expressed concern it could kill the bill and you'd have to start over with a new bill in the 113th congress that starts in less than 48 hours so there is concern about that. others are saying we were elected to cut spending in washington. we need to do this. the clock is running. waiting to see what they will do. >> bret: we'll watch it and head back to breaking news with you. what a difference a day makes? not even a day. they were on their way to pass the legislation to avert the pain of self-imposed fiscal cliff and the trappings for the time being. tonight a different picture entirely. ed henry joins us live. what is the mood at the white
>> bret: we are just getting word that the senate majority leader harry reid adjourned the senate until noon tomorrow. what are the republicans saying about the possibility of amending the bill and what it means for the future of it if they choose to come out of the meeting and put the spending cuts in the bill. what are they saying about what it means? >> david dryer head of the house rules committee expressed concern about time being a factor. he expressed concern it could kill...
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what about senate majority leader harry reid if he says there is no deal because republicans have gone back on their deal? republican basis said, reed already sidelined himself. >> i think senator reid gave up his right to righteous indignation when he passed a bill that simply dealt with the taxes and didn't have a balanced approach, something that the president said he would have. remember, senator reid went home and went to bed and the negotiations were back home and went to bed. i would certainly hope that reid would realize he gave up his leadership on this bill sometime ago? >> house republicans gather in just a few minutes again, diane, looking for way forward. will they not vote on the proposal? will they give it up-or-down vote or will they attempt to change it? all three options remain on capitol hill already beyond the fiscal cliff. diane. >> rich, these are big names coming out so far. congressman issa no small fry there we also heard from eric cantor that he is against the bill. how damning is it that top republicans are coming out saying they're opposed to deal? >> that i
what about senate majority leader harry reid if he says there is no deal because republicans have gone back on their deal? republican basis said, reed already sidelined himself. >> i think senator reid gave up his right to righteous indignation when he passed a bill that simply dealt with the taxes and didn't have a balanced approach, something that the president said he would have. remember, senator reid went home and went to bed and the negotiations were back home and went to bed. i...
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harry reid, the senate majority leader, just adjourned until noon tomorrow. so nothing would happen until noon tomorrow. but the senate, the democratic sources are saying that -- and they are being very quiet. they are not answering our obvious question, which is, what would you do if you got something that was amended. they're doing that on purpose. they don't want to sort of rock the boat. they don't want to give any sort of sense of yay or nay to house republicans to give anybody an excuse, basically. so they're being very, very quiet. but knowing the temperature over there, the fact that they feel pretty good about the fact that they passed this with not just a few republicans, two, three, four, but with 40 out of 45 republicans, 80, excuse me, 90% of the republican caucus in the senate voted for this, they feel no compunction, i don't think, to feel the need to take this up if the house changes it. they really understand that the house republicans will take the blame. >> let's see what the house of representatives does in the next few hours. dana, thank
harry reid, the senate majority leader, just adjourned until noon tomorrow. so nothing would happen until noon tomorrow. but the senate, the democratic sources are saying that -- and they are being very quiet. they are not answering our obvious question, which is, what would you do if you got something that was amended. they're doing that on purpose. they don't want to sort of rock the boat. they don't want to give any sort of sense of yay or nay to house republicans to give anybody an excuse,...
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harry reid basically went awol over the weekend. he is presiding over the senate that killed every single piece of legislation it received from the house. which is why we have government en1342 days without the senate passing a budget. you have dysfunctional leadership in the senate. i do think we actually got something now that the house can consider and it could be viewed as positive depending where you sit. heather: have a feeling it will be another long day. we left out the most important element. that would be the american people. yet to be determined if they are winners or losers in this. thank you so much for joining us. >> heap knew year. heather: yes, you too. rick: poor, leon lett i bet he thought people forgetten about that. of course tony reminded everybody. colorado seeing a definite in snow despite the recent storms. they are still below average. is there anymore in the forecast? skiers want to know. meteorologist janice dean in the fox extreme weather center. hi, janice. >> happy new year to you. rick: happy new year.
harry reid basically went awol over the weekend. he is presiding over the senate that killed every single piece of legislation it received from the house. which is why we have government en1342 days without the senate passing a budget. you have dysfunctional leadership in the senate. i do think we actually got something now that the house can consider and it could be viewed as positive depending where you sit. heather: have a feeling it will be another long day. we left out the most important...
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juliet: jumping over harry reid. steve: harry reid was not returning phone calls. mitch mcconnell said i will eliminate the middleman. here is the senate minority leader why i' friday to do something he does not like which is raise taxes? >> i know i can speak for my entire conference we say we don't think taxes should be going up on anyone. we all knew if we did nothing, they would be going up on everyone today. each of us could spend the rest of the week discussing what a perfect solution would have looked like but the end result would have been the largest tax increase in american history. so it took an imperfect solution to prevent our constituents from a very real financial pain. juliet: remember, a deal only cuts 15 billion in spending. 15 billion. steve: raises over 600 billion in taxes. this morning we've been talking about it extensively. that is for everyone dollar cut, they jack up taxes $41. if you're against raising taxes, that's, you would think that's a deal breaker. brian: steve, earlier we talked to john tamney from realclearmarkets.com. he was e-m
juliet: jumping over harry reid. steve: harry reid was not returning phone calls. mitch mcconnell said i will eliminate the middleman. here is the senate minority leader why i' friday to do something he does not like which is raise taxes? >> i know i can speak for my entire conference we say we don't think taxes should be going up on anyone. we all knew if we did nothing, they would be going up on everyone today. each of us could spend the rest of the week discussing what a perfect...
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. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's interesting. the president chose today to have one of those campaign-style events with ordinary americans in the white house and an auditorium in the white house compound today. the president sort of came out in a jovial, joking matter. he painted a picture of a deal that was all but done, but he got in a lot of jabs, subtle and otherwise, at republicans and really angered folks. john mccain said he didn't know whether he was sad or angered by what the president had said. cooler heads have obviously prevailed here. and we do know that the president had been on the phone working this, even though joe biden was sort of the front man, flying point, if you will. and negotiations with mitch mcconnell. so, sure, the president has been very involved. he, you know, he has led this campaign style effort to try to force republicans' hand. again, many of those folks are a little bi
. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's interesting. the president chose today to have one of those campaign-style events with ordinary americans in the white house and an auditorium in the white house compound today. the president sort of came out in a jovial, joking matter. he painted a picture of a...
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senate majority agree -- leader harry reid came to the floor and did not have much of an update. if there is is going to be a deal today, it will be between mr. mcconnell and mr. biden. there is little in the way of ongoing conversation between mr. reed and mr. mcca mcconnell. >> what about the mechanics of any deal if there is an agreement at least in the senate -- how quickly can come to the floor and how likely is it we can see action on the house floor later today or tonight or tomorrow? >> it becomes tricky. we know what the allies of any deal would be. they have been bandied around for about two years. translating the outline of the deal in legislative language is difficult and the staff would have to work in overdrive to get that done and they have to make sure all 100 senators know what they are voting on and to make sure there are enough to vote affirmatively before they bring it to the floor. you don't know what the house conservatives will think of any deal that involves an increase in taxes and we don't know what house democrats especially on the liberal side of the s
senate majority agree -- leader harry reid came to the floor and did not have much of an update. if there is is going to be a deal today, it will be between mr. mcconnell and mr. biden. there is little in the way of ongoing conversation between mr. reed and mr. mcca mcconnell. >> what about the mechanics of any deal if there is an agreement at least in the senate -- how quickly can come to the floor and how likely is it we can see action on the house floor later today or tonight or...
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they said let senate majority leader harry reid take over. there is definitely frustration in the house that it's come to this point this late in 2012 as we are heading over the fiscal cliff potentially. bottom line some some suggested there is not a tax problem in the united states, there is a major spending problem. >> history has a way of repeating itself. somehow washington never gets the message, and here we are 30 years later on the brink of another crisis on new year's eve, still addicted to spending money. >> madame speaker the american people are looking at congress with distain and rightfully so. with the deadline on the fiscal cliff only hours away we've failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> reporter: so everybody is waiting to see if the senate can reach a deal on the fiscal cliff. it's not entirely clear when the house would act. i talked to a key leadership aide who he said if the senate passes a deal we could certainly signal that we will take
they said let senate majority leader harry reid take over. there is definitely frustration in the house that it's come to this point this late in 2012 as we are heading over the fiscal cliff potentially. bottom line some some suggested there is not a tax problem in the united states, there is a major spending problem. >> history has a way of repeating itself. somehow washington never gets the message, and here we are 30 years later on the brink of another crisis on new year's eve, still...
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. >> chris: the two senate leaders, mitch mcconnell and harry reid on the last-ditch effort to put together a deal to avoid the fiscal cliff and it is time now for our sunday group, bill kristol of the weekly standard, former democratic senator evan byah and byron york from the washington examiner and kirsten powers of the daily beast web site. you heard mitch mcconnell say he's hopeful and optimistic. will congress pass something in the next 48 hours, something? to avoid the fiscal cliff? >> i don't know. but, i guess, probably. and it will be a bad deal but i suppose better than doing nothing. and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lin
. >> chris: the two senate leaders, mitch mcconnell and harry reid on the last-ditch effort to put together a deal to avoid the fiscal cliff and it is time now for our sunday group, bill kristol of the weekly standard, former democratic senator evan byah and byron york from the washington examiner and kirsten powers of the daily beast web site. you heard mitch mcconnell say he's hopeful and optimistic. will congress pass something in the next 48 hours, something? to avoid the fiscal...
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aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> mitch mcconnell, who you just heard from there, is trying to enlist vice president joe biden in the fiscal cliff talks. in the absence of a deal, senator reid is prepared to hold a bill on the president's backup p
aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's...
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the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and prevent a huge cut in payments to medicare doctors. >> we should go ahead and introduce legs that would make sure middle class taxes stay where they are and should be an up or down vote. >> a deal won't necessarily pass congress by monday night. if it doesn't, virtually everybody's income taxes will go up. the average family would pay an extra $3,462 in 2014. and farm programs would expire, potentially doubling the price of milk, and if congress doesn't pass new bill? >> we'll come back with a new congress on january 4th and the first bill on the floor will be to cut taxes on middle class families. >> the bargaining continues tonigh
the two senate leaders, harry reid and mitch mcconnell are working on a stop-gap bill. >> at some point it appears there are things that stop us from moving forward. i hope we're not there, but we're getting real close. >> i want everyone to know i'm willing to get this done but i need a dance partner. >> the legislation would prevent tax increase for roughly 98% of american workers, extend unemployment benefits set to expire for some two million people, and prevent a huge cut...
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senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >> he says the onus is on congress, this is your job to get done. he said in the clip we just had, if it doesn't get done, the people who are going to pay are the senior who is will lose out on benefits that they are enjoying. is that an accurate representation of what will happen? >> no! this country needs presidential leadership. the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do
senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >>...
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although that obviously would have a much better chance of passing congress if it gets some republican behind it. >> juliet: you're going to have lindsey graham on the show. i think it was lindsay graham the other day who said you call these public-- you announce the meetings publicly it's usually political theater. what is your assessment what's happened over the last couple of days? are we really seeing any real action going on behind the scenes in your opinion? >> well, absolutely. i mean, there's no question, and i think it's much more in terms of the staffs and the principals, they'll get to sign off on it, but i think you've got staffs -- there are a lo
it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although that obviously would have a much better chance of passing...
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the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue on television and on-line at wjla.com. >> some people in the area are still cleaning up after the high wind thursday. and, apart, a tree crashed through a house. -- in takoma park, a tree crashed through a house. in mclean, trees littered the georgetown park way. >> maryland health officials are reporting their first death related to hypothermia of the season. the health department says a 65- year-old man died in frederick county between december 18-24. pulte officials did not release any other information related to his death. >> there is a new senator and he replaces the longti
the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff...
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reid and minority leader mitch mcconnell following their white house meeting with president obama. here it is. >> everyone knows we've been to the white house. we've had a constructive meeting. we certainly hope that something will positive will come from that. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> arthel: so is a fiscal deal more likely now than it was before congress left for christmas break? let's have a meeting of the minds. outreach director for freedom works, author of "backlash" and fox news contributor. and michael, former senior communications advisor to john kerry's presidential campaign and ceo of vent squared communications. long intros for both of you hard work people. i'm going with you first on this, danene. president obama says he's modestly optimistic. i ask you if ther
reid and minority leader mitch mcconnell following their white house meeting with president obama. here it is. >> everyone knows we've been to the white house. we've had a constructive meeting. we certainly hope that something will positive will come from that. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday...
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Dec 29, 2012
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if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with bipartisan majorities as long as they allow it to actually come to a vote. if members of the house for the senate want to vote no, they can. which of but everybody vote. that is the way this is supposed to work. -- we should let everybody vote. if you can get a majority, which should be able to pass the bill. host: that was the president yesterday. he talks a little bit more about that in the "washington -- the wall street journal" this mornign ng. back to the telephones. in georgia on the line for republicans we have larry. caller: yes, sir. thank you for taking my call. i am a in a position where i wou
if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with...
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Dec 29, 2012
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all eyes are on the senate this morning as majority leader harry reid and minority leader mcconnell true to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the no
all eyes are on the senate this morning as majority leader harry reid and minority leader mcconnell true to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it...
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Dec 29, 2012
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>> well, what the president is putting you through, adam, what harry reid is putting you through, harry reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it the time to sell them or will we see that. >> the important thing to keep in mind with stocks, one part we have to worry about is the fiscal cliff. we have taxes and spending to worry about there. but what the real issue is, in my opinion is the debt ceiling debate that is just around the corner. adam: oh, joy of joy. >> if we get some deal with the fiscal cliff which i think we will and our politicians are the worst even a blind squirrel will occasionally find a nut. they will get this done some
>> well, what the president is putting you through, adam, what harry reid is putting you through, harry reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it...
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Dec 28, 2012
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so the pressure shifts to senate majority leader harry reid. and what he may be able to strike to get at least some republican support. >> house republicans voted pass the tax cut and automatic cut to defense and domestic program starting in the new year. so they shifted the focus for the need for majority leader harry reid and the senate democrats to do something. >> the way the senate is fon functionm right now, not even bringing the bills upper committee is frustrating to those of us in the house that are doing the work that has to be done. if senate wants to resolution, the senate has to actually pass something on this. we have done our work. senate has to respond. >> challenge is determining what passed the republican-led house and democrat-controlled senate. fiscal conservatives say a smaller stop gap measure to avoid the cliff won't work. >> if we, in fact, do not use this period of time before right now, deal with the bigger issue and entitlements, if we just continue to kick the can down the road. the market will respond in a more perm
so the pressure shifts to senate majority leader harry reid. and what he may be able to strike to get at least some republican support. >> house republicans voted pass the tax cut and automatic cut to defense and domestic program starting in the new year. so they shifted the focus for the need for majority leader harry reid and the senate democrats to do something. >> the way the senate is fon functionm right now, not even bringing the bills upper committee is frustrating to those...